When you have presented mostly acceptable terms in your offer, there will always be a counter-offer from the lender to at least present the lender's addendum that becomes part of the agreement in addition to the state PSA.

His accepted offer came with the counter-offer language of the bank addendum, and so he is not under contract until he signs and returns.

Have you accepted their counteroffer or did they accept your original offer.

Normally, I would wait until the counteroffer.

I personally market the property after the BPO and drag my feet during the subsequent counter-offers to buy more time.

Ask for a copy of the net sheet submitted to the lender as part of the short sale package or subsequent counter-offers. 4.

The listing agent swears he didn't tell him this... but the buyer's agent HEARD that if my offer to the bank is counter-offered, then his offer would be submitted along with mine.

It generated a counteroffer of $172k with them paying closing costs.Any advice on how to proceed?

If they counter offer my initial amount do I have to submit another POF or do they just assume that I can perform based on the previous POF?

My bad.......deleted her address but forgot the name.......I counteroffered her $775 so let's see what happens.